[Federal Register Volume 68, Number 186 (Thursday, September 25, 2003)]
[Notices]
[Page 55422]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-24224]


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SECURITIES AND EXCHANGE COMMISSION


Issuer Delisting; Notice of Application of the Indonesia Fund, 
Inc. To Withdraw Its Common Stock, $.001 Par Value, From Listing and 
Registration on the Boston Stock Exchange, Inc., File No. 1-10453

September 17, 2003.
    The Indonesia Fund, Inc., a Maryland corporation (``Issuer''), has 
filed an application with the Securities and Exchange Commission 
(``Commission''), pursuant to section 12(d) of the Securities Exchange 
Act of 1934 (``Act'') \1\ and Rule 12d2-2(d) thereunder,\2\ to withdraw 
its common stock, $.001 par value (``Security''), from listing and 
registration on the Boston Stock Exchange, Inc. (``BSE'' or 
``Exchange'').
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    \1\ 15 U.S.C. 78l(d).
    \2\ 17 CFR 240.12d2-2(d).
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    On August 5, 2003, the Board of Directors of the Issuer approved a 
resolution to withdraw the Security from listing and registration on 
the BSE. The Issuer states that the following reasons factored into the 
Board's decision to withdraw the Security: the Issuer intends to list 
the Security on the American Stock Exchange (``Amex''); if listed on 
the Amex, greater liquidity may foster higher average trading volumes 
and greater accessibility, and shareholders will benefit from the 
additional liquidity. In addition, the Issuer believes that its 
reputation may be enhanced by listing its Security on the Amex.
    The Issuer states in its application that it has complied with BSE 
procedures for delisting by complying with all applicable laws in 
effect in the State of Maryland, the state in which it is incorporated. 
The Issuer's application relates solely to withdrawal of the Security 
from listing on the BSE and from registration under section 12(b) of 
the Act \3\ and shall not affect its obligation to be registered under 
section 12(g) of the Act.\4\
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    \3\ 15 U.S.C. 781(b).
    \4\ 15 U.S.C. 781(g).
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    Any interested person may, on or before October 10, 2003, submit by 
letter to the Secretary of the Securities and Exchange Commission, 450 
Fifth Street, NW., Washington, DC 20549-0609, facts bearing upon 
whether the application has been made in accordance with the rules of 
the BSE and what terms, if any, should be imposed by the Commission for 
the protection of investors. The Commission, based on the information 
submitted to it, will issue an order granting the application after the 
date mentioned above, unless the Commission determines to order a 
hearing on the matter.

    For the Commission, by the Division of Market Regulation, 
pursuant to delegated authority.\5\
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    \5\ 17 CFR 200.30-3(a)(1).
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Jonathan G. Katz,
Secretary.
[FR Doc. 03-24224 Filed 9-24-03; 8:45 am]
BILLING CODE 8010-01-P